Italy: PescAgri-Cia, fish on the eve as per tradition for 15 million families. Holiday fish turnover at -25%

Published 2020년 12월 17일

Tridge summary

The article highlights the impact of the Covid-19 pandemic and travel restrictions on the fish market in Italy, particularly during the holiday season. Despite economic challenges such as a decrease in turnover and drop in prices due to product surplus and restaurant closures, the demand for fish remains strong in Italian households. However, the demand for molluscs and crustaceans has significantly decreased. The Italian Fishermen Association (PescAgri-Cia) predicts a loss of € 300 million in the fishing sector during the holidays due to reduced demand for fresh and local fish. The association is encouraging consumers to support Italian producers by choosing locally sourced fish products.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Covid and tight travel will not take away from Italians the fish menu, typical of Christmas Eve and New Year's Eve. It will be brought to the table in 2 out of 3 houses, with an average cost of € 70 per unit, compared to € 90 last year. For about 15 million families the choice of the menu will be oriented to poor traditional recipes with tuna and cod or fish such as sea bream for not too elaborate dishes. An estimate is made by the analysis of PescAgri, the Italian Fishermen Association promoted by Cia and which already counts for the fishing sector, in this 2020, a decrease in turnover of over 40%. Negative sign due to product surplus and drop in prices mainly due to restrictions on restaurants, catering and hotels. To radically affect fish consumption during the holidays, explains AgriPesca-Cia, the impact of the Dpmc on dinners, strictly at home and, presumably, for no more than 6 people, at least on 24 December. This aspect will proportionally reduce the quantities purchased ...

Source: Agricolae